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Fixed Assets
12 Months Ended
Jan. 28, 2012
Property, Plant and Equipment Disclosure [Text Block]

Note 2. Fixed Assets


Fixed assets consist of the following:


 

 

 

 

 

 

 

January 28,
2012

 

January 29,
2011

 

 

($ in thousands)

Buildings and improvements

 

 

$

 

17,288

 

 

 

$

 

17,288

 

Fixtures and equipment

 

 

 

118,334

 

 

 

 

119,395

 

Leasehold improvements

 

 

 

30,943

 

 

 

 

31,344

 

 

 

 

 

 

 

 

 

 

166,565

 

 

 

 

168,027

 

Allowances for depreciation and amortization

 

 

 

(149,914

)

 

 

 

 

(146,549

)

 

 

 

 

 

 

 

 

 

$

 

16,651

 

 

 

$

 

21,478

 

 

 

 

 

 


Depreciation of fixed assets is included in the Consolidated Statements of Operations as follows:


 

 

 

 

 

 

 

 

 

Fiscal Year

 

2011

 

2010

 

2009

 

 

(in thousands)

Cost of sales

 

 

$

 

536

 

 

 

$

 

1,143

 

 

 

$

 

1,437

 

Selling, general and administrative expenses

 

 

 

6,094

 

 

 

 

11,054

 

 

 

 

15,165

 

 

 

 

 

 

 

 

Total

 

 

$

 

6,630

 

 

 

$

 

12,197

 

 

 

$

 

16,602

 

 

 

 

 

 

 

 


Depreciation expense related to the Company’s distribution center facility and equipment is included in cost of sales. All other depreciation and amortization of fixed assets is included in SG&A expenses.